Wednesday, November 14, 2018

No oil for BP and no gas either

The off again / on again exploration for oil, starting in the 1960s, with only a brief interlude of actual oil production, will once again come to a halt. BP and Hess (50/50 partners) did not find any commercially viable quantities of oil or gas in the Aspy D-11 well that was spudded in April.

That well, drilled by the rig  West Aquarius went to 7400 meters (in 2771 meters of water) experienced some difficulties, including the need to drill a sidetrack well, and had to extend the rig's coasting license from  October 15 to December 31.  Nevertheless the results were not positive and operations came to a halt earlier this month. The rig will now be going back to Newfoundland where it will drill for Exxon Mobil in the Flemish Pass starting next year.

Troms Sirius now idled at pier 9B in Hailfax.

Horizon Maritime dedicated three support vessels to the project, their own Horizon Star and the two chartered Tidewater boats Troms Sirius and Lundstrom Tide. The latter two will presumably be returned to Tidewater unless more work can be found for them. Both were brought under Canadian registration in the spring to work on the BP well.

Lundstom Tide will also be out of work.

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Offshore gas has also had an equally dismal history with both installations on their last legs and now working on decommissioning. Supply vessels work in and out of Halifax to support that activity. 

Secunda / Siem has Siem Hanne, Venture Sea, Trinity Sea and Burin Sea working out of Halifax, but Burin Sea departed earlier this week for St.John's.

Trinity Sea making a sunset arrival in Halifax last week.

Atlantic Towing has Atlantic Condor working at Deep Panuke with Atlantic Tern on standby, but it has been tied up in Halifax for several days.

A "near miss" when some heavy equipment broke lose has resulted in shut down of work on one of the decommissioning operations on the rig Noble Regina Allen. The rig is contracted to plug 22 wells for Exxon Mobil.

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